The post XRP Tests Key Support at $1.89 as Technical Indicators Show Mixed Signals Amid Holiday Trading appeared on BitcoinEthereumNews.com.

Luisa Crawford
Dec 23, 2025 17:09

Ripple (XRP) trades at $1.89 following a 1.9% decline as the cryptocurrency navigates between critical support and resistance levels during subdued holiday market conditions.

Quick Take • XRP trading at $1.89 (down 1.9% in 24h) • Holiday trading volumes creating technical-driven price action • Testing lower Bollinger Band support around $1.81 • Following broader crypto market weakness alongside Bitcoin decline Market Events Driving Ripple Price Movement Trading on technical factors in absence of major catalysts as no significant news events have emerged in the past 48 hours affecting XRP price directly. The current price movement appears driven primarily by holiday trading patterns and broader cryptocurrency market sentiment. The subdued trading environment, with XRP volume at $167.8 million on Binance spot markets, reflects typical year-end positioning as institutional traders reduce activity ahead of the holidays. This lower liquidity environment has amplified technical levels’ importance, with XRP price responding more sensitively to support and resistance zones. Bitcoin’s concurrent decline has created additional selling pressure across altcoins, including Ripple, as correlation remains elevated during risk-off periods. The absence of major fundamental catalysts has shifted focus entirely to chart patterns and momentum indicators for near-term direction. XRP Technical Analysis: Neutral Consolidation Pattern Price Action Context XRP price currently trades below all major moving averages, with the 7-day SMA at $1.89 providing immediate resistance. The cryptocurrency sits approximately 27% below its 200-day moving average of $2.58, indicating the longer-term bearish trend remains intact. Ripple technical analysis shows the asset trapped within a defined range between $1.77 strong support and $2.21 immediate resistance. Volume analysis from Binance spot data suggests institutional interest remains muted, with the current $167.8 million daily volume representing below-average activity. This reduced participation has created a technical environment…

---

Filed under: News - @ December 24, 2025 4:26 am